Hi, Red box / sell area consists of: 1) Double Fibonacci retracement level 38% and 62% 2) Daily EMA200 3) Previously worked support levels turn to resistance 4) 2014/16/17 low turn to resistance 5) Several Fibonacci Extensions 6) AB=CD 7) Wait for a bearish candlestick pattern Do your own research and please, take a second and support my effort by hitting the...
Hi, Before the weekend, I would like to quickly point out similarities from last year's movements around this time (end of the year). The last year's dump started in the first half of November, this year's slow grinding downwards started also in the first half of November. 2018 falling found a short-term bottom around 24-25. November 2019 falling has found a...
Hi, Aurora Cannabis Inc. produces and distributes medical cannabis products. Obviously, it has some mixed fundamentals but technically it may find some buyers around 2.00 - 2.50. Technical criteria are pretty strong, some of them are a bit subjective but in general, we have a strong crossing area. The green box consists of: 1) 2016 & 2017 high/resistance...
Hi, In general, the tendency is downwards and recently the price broke a counter-trendline which will be a sign that "Sell" trades should be a bit more accurate. The red selling area consists of: 1) The round number 0.68000 2) Channel projection 3) 2x AB=CD 4) Fibonacci retracement 62% 5) 2x Fibonacci Extension 127% 6) Previously worked strong area (it has...
Hi, S&P 500 (SPX) has reached inside the area where it may make a correction after 6 continually bullish weeks. Technically, I did everything I could to determine the area which can act as resistance (it is difficult if the asset makes all-time highs), it consists of: 1. 3x Channel projections. They all should work as resistance levels. 2. Minor trendline...
Hi, It is hard, it is really hard to find something good and shareable but every time I'll try to come up with an area that may help you or may play a role in the further price action. This time, I'd like to trade it myself. Obviously, there are some certain rejections that I need to wait for because of lack of my "bread-and-butter" criteria but in general, it...
Hi, Shares of SEB' AB (Skandinaviska Enskilda Banken AB provides corporate, retail, investment, and private banking services in Sweden and internationally) fell by more than 14% (on Friday) as investors worried that another Nordic bank will be dragged into the scandal over money-laundering. It is hard to say, how the following weeks/months may affect the SEB...
Hi, Considering my previous idea post, the price has touched the Fibonacci retracement 62%, the middle number $8,500 and the rejection formed a Morning Starish candlestick pattern. At the moment, I feel that the price is really on the edge, there is nothing certain but this pattern may give us some momentum for upwards breakout trading opportunities. I see it...
Hi, USDCAD has started to approach my marked area which consists of: 1. The red trendline worked before as a support and now it should act as a resistance. 2. The black trendline should also act as resistance. They both make up a crossing area, which is great! 3. AB=CD from the bottom and D point is exactly around the crossing area. 4. Smaller AB=CD-s 5. Several...
Hi, Bitcoin price has reached to the possibly short-term BUY area. It can be easily a mid-term bottom but to be honest, this area is pretty risky. Firstly, we have several idea posts from analysts who talk about this area, this is bad because you know - bet against the crowd ;) Luckily, I start to see more those "arrows-to-the-anywhere-idea-posts", which is...
Hi, Green area consists of: 1) Fibonacci Golden Ratio 62% 2) Fibonacci Extension 127% 3) Middle number 16.500 4) Daily & Weekly EMA200 are around the marked area. 5) 2X AB=CD! 6) Channel projection 7) Let the bullish price action around the green area guides you into the trade! 16.500 is the key level, wait for a smaller timeframe candlestick patterns after...
Hi, The gold price has started to approach a possible buy area. I'll wait for a tiny bounce because of the quite sharp movement downwards and I act after I have seen bullish price action inside the green area. Criteria count is not so high but the price level (inside the marked area) has worked historically pretty nicely and I expect that this time is not an...
Hi, Criteria: 1) The trendline 2) Fibonacci extensions 3x 3) The round number 4) Cypher Pattern 5) Small AB=CD 2x 6) Minor channels and trendlines 7) As always, the trade is triggered after you have seen a bullish candlestick pattern inside or around the marked area. If it was helpful then take a second and support my effort by hitting the "LIKE" button, it is...
Hi, Criteria: 1. The trendline 2. Daily EMA200 3. Channel 4. 2x AB=CD 5. Fibonacci retracements 6. Fibonacci Extensions 7. Minor trendline third touch 8. Previously worked S&R price zone 9! Wait for a bearish candlestick formation If it was helpful then take a second and support my effort by hitting the "LIKE" button, it is my only fee from You! Regards, Vaido
Hi, This sideways movement starts to become pretty boring. I haven't seen a while good trading opportunities with Bitcoin. I want to keep my followers updated but I just cannot see a point to do that if there is nothing interesting. I looked at it from one angle, I looked at it from another angle and the result is in front of you. The most likely scenario would...
Hi, The "famous" and loved stock among investors, Berkshire Hathaway, approaching a pretty sweet breakout zone. Since the mid of 2018, the price has started to "draw" a chart pattern called Triangle. At the moment, we can say that this Triangle is a continuation pattern and if we see a Weekly candle close above the upper orange trendline (marked as a green area)...
Hi, I have waited for a further price action after "tiny" bounce upwards. Movements have stayed stable and it allows us to determine technically some important areas for further movements. In general, BTC price and the overall price action are not at the best price levels to make precise predictions but still, we have something to start with. Let's start from...
Hi, Wait for a bearish price action inside the marked red area - let the price action guides you into the trade! Regards, Vaido